Reference no: EM132256458 , Length: 3000 Words

Assignment -

Write a report on Management Accounting: Costing And Budgeting.

Table of Contents -

1. Introduction

2. Task 1:

1.1: Classifications of costs

1.2: Different methods of costing

1.3: Calculation of costs using different costing process

1.4: Analysis of cost data

3. Task 2:

2.1: Preparation of a routine cost report of Morrisons

2.2: Performance indicators of Morrison to identify potential improvements

2.3: Suggestions for reducing costs with quality and value maximization

4. Task 3:

 3.1: Purpose and nature of budgeting

3.2: Selection of appropriate methods for the organisation and its needs

3.3: Budget preparation

3.4: Recommendation against cash deficiency

5. Task 4:

4.1: Calculation of variances

4.2: Operating statement reconciling budgeted and actual result

4.3: Findings to the management with identified responsibility

6. Conclusions

7. References